*The antidote isn't stronger opinions; it's stronger defaults and pre-committed rules. Read the incentives; expect the behavior; position ahead of it.* View quoted note →

*How to consistently pick long-term: - Automate the boring: savings, skills, sleep, strength, deep work. - Deliberately add friction to bad paths. - Make identity explicit: tie your reputation to long-term behaviors* View quoted note →

*How to tell if you're acting against your own long-term interest: - If the benefit is now and the cost is later, assume you're under-pricing the cost. - If a choice preserves belonging, assume you're over-weighting identity. - If the platform chose the default, assume it benefits them more than you. - If the metric is public, assume it's being gamed (by you or to you). - If a habit depends on willpower, assume it will fail under stress.* View quoted note →

*Meta-incentives dominate beliefs. Even smart people first decide what benefits them (status, income, network), then craft rationalizations* View quoted note →

*Incentive gradients (what pays now) - People follow net-effort -> net-reward gradients, not ideals. If the reward is near-term, visible, and certain - while the cost is delayed, abstract, and probabilistic - behavior will skew short-term every time* View quoted note →

*the world will know that free men stood against tyranny* View quoted note →

*Brilliant for a few, very painful for you. That’s the fiat system* View quoted note →

*government is a battlefield of factions, factions that spare no expense to form battle plans…. Battlefield. Not as clearly demarcated as NSA vs CIA or party vs party, either faction has assets deployed among the other. If the apparatus was aligned against Trump he'd never have made it into office, he has to be protected by a faction within it.*

Stacker News

Theory that stablecoin issuance is an attempt to wipe out US debt \ stacker news

I've been hearing chatter about this for the last few months ever since the Circle IPO: the theory being that the US mainly wants stablecoin issuer...

*Dollars are debt, banks hold debt and issue dollars against it. The banks have leverage limits and market limits set by globalists to protect their other franchises in other countries. Along with allowing banks higher leverage, and exporting dollars via stables, more of that debt can be monetized into dollars... Dollars that can buy Bitcoin. Bitcoin then soaks up the excess dollars in the economy such that they don't inflate things like housing and energy. This slowly turns the dollars from from a liability to an asset and saves the US from the Triffin Dilemma. This is why the national security apparatus created Bitcoin, a transparent battery for dollars and global trade that can insulate the US during a transition away from globalist monetary policy*

Stacker News

Theory that stablecoin issuance is an attempt to wipe out US debt \ stacker news

I've been hearing chatter about this for the last few months ever since the Circle IPO: the theory being that the US mainly wants stablecoin issuer...

*Economic disparity, education, discernment, are issues as old as human civilization. One’s virtues imparted on [Bitcoin which is] resistant-by-design to the weaponization of virtues is a fool’s errand.*

Stacker News

Technical vs social and economic dimensions of bitcoin development \ stacker news

Would love to hear @k00b, @DarthCoin, @justin_shocknet's thoughts on this, and anyone else who's technical, semi-technical, or been in the bitcoin ...

*Even if… Powell continues to obstruct Trump’s monetary agenda by refusing to cut Fed Funds, end quantitative tightening, and restart quantitative easing, Bessent could offer T-bills at a lower rate than Fed Funds. He could do this because the stablecoin issuer must buy whatever he is selling at the yield offered if they are to earn a profit. In a few moves, Bessent gains control of the front end of the yield curve*

Buffalo Bill

US Treasury Secretary Scott Bessent deserves a new nickname. I previously christened him as the BBC, short for Big Bessent Cock...

*You better believe Trump would love nothing more than to castrate the Eurodollar market by effectively debanking it. These same institutions debanked his family after his first term; it’s time for payback*

Buffalo Bill

US Treasury Secretary Scott Bessent deserves a new nickname. I previously christened him as the BBC, short for Big Bessent Cock...

*For Buffalo Bill Bessent, the problem with the Eurodollar system is twofold. The first issue is that he is clueless about how many Eurodollars exist and what they finance. The second issue, which is the most important, is that these Eurodollar deposits are not being used to buy his dogshit treasury debt securities*

Buffalo Bill

US Treasury Secretary Scott Bessent deserves a new nickname. I previously christened him as the BBC, short for Big Bessent Cock...

*Abundance of bad food is like abundance of toxic waste in your garden. Scaling by sacrificing quality is easy (and profitable, if you can get away with it.) The challenge is to scale without making that sacrifice*

Stacker News

Do We Already Have Too Much? \ stacker news

Technology gives us more for less, but what if we already have too much? Endless food and entertainment options are making us sick (physically + me...

*Abundance is a double-edged sword. Food and entertainment overload are real problems. Maybe it's about building new habits, like intentional scarcity, to reclaim balance*

Stacker News

Do We Already Have Too Much? \ stacker news

Technology gives us more for less, but what if we already have too much? Endless food and entertainment options are making us sick (physically + me...

🧐 the entire point of participating in transaction relay is having a reliable view of what transactions will be mined in the future, for at least these reasons: For performing decentralized fee estimation (avoiding the need for centralized services for this). For accelerating relay of blocks. When a node already has (most, or ideally all) transactions that are included in a block downloaded and/or validated, it does not need to redo those things when transactions actually appear in a block. The BIP152 compact blocks protocol relies on this principle. The faster the node network can propagate blocks through the network, the more it reduces the benefit of large miners over small miners (this is related to selfish mining), contributing to decentralization by not hurting new small miners entering the market. When miners accept transactions that a node shunned, the node is still required to download, process, validate, and store its result, forgoing any benefits related to moral stance or resource usage the shunning might have had in the first place. Of course, nodes are in no way required to participate in transaction relay. They can use whatever policy they like, including not relaying transactions at all (the -blockonly setting), if they are uninterested in having a reliable view of future transactions.

Stacker News

Peter Wuille post about dropping OP_RETURN limit \ stacker news

Given the debate around the issue I think this is probably an opinion-based question, but I'd still like to try to clear up some misconceptions. Di...

Contra - I am going to have to turn on notifications for your notes. Too good too miss! *the system is… designed to manage narratives and protect power structures* View quoted note →